I am wondering how difficult it would be to obtain a small business loan if I have filed bankruptcy in the last year.
We have no way to gauge what your qualifications would be. Certainly the bankruptcy will work against you. It depends on who lost how much money, why, what your new plans are, how different they are, what you are bringing to the table and your short and long term business plan. The bottom line is, it is possible, but it all depends on the request you make to a lender.
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We have no way to gauge what your qualifications would be. Certainly the bankruptcy will work against you. It depends on who lost how much money, why, what your new plans are, how different they are, what you are bringing to the table and your short and long term business plan. The bottom line is, it is possible, but it all depends on the request you make to a lender.
